• Origen Resources (ORGN) has outlined its fieldwork plans at the newly acquired Wishbone project in British Columbia 
  • Origen picked up Wishbone and the neighbouring LGM property last month in a deal where Origen issued 5 million shares to the vendor in exchange for the properties 
  • Origen will begin a soil and rock chip sampling program, to confirm some of the historic data it has for the Wishbone property 
  • Previously Teck resources conducted mapping, soil sampling, geochemical and trenching work on the property
  • Origen Resources (ORGN) is up 17 per cent and is trading at C$0.23 per share 

Origen Resources (ORGN) has outlined its fieldwork plans at the newly acquired Wishbone project in British Columbia.

The Vancouver-based junior explored will kick-off the work program in mid-July, in an attempt to confirm some historic high-grade geochemical results from the property.

The company will begin a soil and rock chip sampling, defining targets for a larger exploration program in the future.

Origen only acquired the Wishbone project last month, issuing the vendor five million shares.

Origen descries Wishbone as an under-explored property with a number of gold veins, gold stock work and copper-gold prospects.

The property is made up of 10 gold claims totalling 3,832 hectares of exploration lease. The property sits about 12 kilometres west of the company’s neighbouring LGM property.

Wishbone was originally staked by Teck Exploration in 1980 and was explored by Teck until 1988.

Teck conducted a number of mapping, soil sampling and trenching work on the property, and that work identified nine mineralised zones over a trend that runs around 10 kilometres in length across the property.

President of Origen Resources, Blake Morgan said acquiring a property of Wishbone’s pedigree in a highly productive region was a significant success for the company.

“The parallels that we see across the multiple targets at Wishbone relative to the more advanced projects in the district highlights the scale and large potential of the Wishbone Property,” he said. 

Origen Resources (ORGN) is up 17 per cent and is trading at C$0.23 per share at 10:50 am EDT. 

More From The Market Online

Three micro-cap stocks flirting with transformational returns

Before allocating into a micro-cap stock, an investor must first build conviction in its potential for outsized returns.

Zonte Metals discovers large copper-in-soil anomalies in Newfoundland

Zonte Metals (TSXV:ZON) has discovered copper-in-soil anomalies at its Cross Hills Copper Project in Newfoundland.
Founders Metals - The Antino gold project in Suriname.

Founders discovers a new gold zone at its flagship project

Gold stock Founders Metals (TSXV:FDR) released assay results from its drill program at the Antino Gold Project in southeastern Suriname.
Laurion Mineral Exploration - Core logging at the Ishkoday project in Ontario.

High-performing junior gold stock eyes further growth

Laurion Mineral Exploration, a high-performing junior gold stock, has outlined its 2024 exploration plans at its flagship Ishkoday project.